The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1887-12-25
THE MINING OUTLOOK.
The Coming Year Full of Promise.

HI OVAAAhSS L OGLA u A1A ~ OhlA9Ne
With view to obtaining something
of the views of our leading mining men,
Il HERALD reporter yesterday met and
r. G. Chamber J. r.
Walker and NJ. Fl. Walker, on the out
look for the forthcoming year.
NIB. CHAMBERS
was first encountered and was asked:
Q.-Whst do you think of the future
of our mining lnseTests2
A.-rhe outlook for the future is
fully as good as it has been In the last
tive years.
A.-W hat induces you to this belief?
A.-Because there are now fully as
many mines working as ever before,
and many ola ones are now in opera
ton. Also from the fact that the
smelters and mills can handle much
haser ores than five or six years ago.
Business is in a healthy and prosperous
condition. More money than ever be
fore is now invested in new mines.
Work is in reaJlug in Old ones. New
mines are found in unOrganized dis
tricts, and new railroads projected to
give the ore from the mines an outlet.
There are signs that silver has ex-
perIenCed its lowest depression and
now it is rapidly retaining its old
place in public confidence and
is in greater circulation. Lead
is also higher than for many years;
while the low prices of copper have
Ii leraliy discouraged the development
of our copper interes s; yet it now
promises 10 command much higher
prices than for three or four years past.
We have gained an increase in the out
puts of our mines, which have also in
creased in value. | can say that the
present condition of our mining indus
try is very tatterIng, and aside from
inlmlcal legislation, the Quito K for the
future very promising. The mining
fields offer solid inducements TO enter
prises backed with money. Here are
great many mines which have been
abandoned for a long time simply be-
cause they could not pay nigh rates for
wages and transportation of ores. With
low frelghts, and reduction in rates
aud, reasonable wages, these mines
properly opened would pay well. There
are several punches" IN the Opnir
district, where claims have been
opened, and nothing has been done for
several years, until now quite an in
terest is manifest aud tits increasing.
There are new fields southwest of here,
in the upper part of Rush Valley, be
tween Ophir and TIntic. There are
evidently good mines in Deep Greek
Valley, but for want of low transporta-
ton, but little has been done Until OF
late,
AS to Park City, no othes district in
the United States has such bright pros
pects for the mining interests, and tn
Old Alta has just as bright prospects
as ever. They have been making
new developments which are very
valuable, and l think the ultimate
outcome OF Alta is promising. Con-
meet ng most all these districts Their.
seems to be long mineral zone. From
Park City, PsTley's Park, to Cotton |
belt or continuation of the same zoaa. |
The Dugway D strict is on the line of |
the proposed Salt Lake u Los Angeles /!
as Is also the Deep Creek country, which |
is g continuation of the same belt or
zone. OF course this belt does not go in |
8 direct line. One would be led to |
think that where the Alta beds strike it |
1t was on line 70 Snake Greek; but il |
is not, for this belongs to American |
Fork country, which is belt by itself; |
still, 1t may run on through to |
FintiC. Those new districts south |
Of Rush Valley and Uphir |
have probably the same zone as the |
one to Tintic, where the prospects !
are very good also. In fact, all the !
mining districts opened are good. In. |
deed. the prospects are far more fat |
tering than for the last six years. Lead |
is now $18 higher than three months |
ago; and other minerals are good. |
Q.-What about the number of men !
A We'll, in some mines there are s |
great number. in others less. | should |
think there are now as many employees !
IS ever before; and the prospects a~e |
very bright, They Will, no doubt, III |
luce many more men. For when they !
IRE led TO seq what rich fields there are |
greater number OF men will be induced +!
% develop the mining dis tricts, aIfd il !
8 my opI ion that the prospects are 5 |
bright, or even brighter, than ever be |
ore.
Mr.. y. Goliath, the well-known min
ng man, also expressed a similar |
,pinil
J. B. AND NJ. n. WALKER
we're interviewed Eith the following re-
ults:
Q-What ara your views relative to |
he outlook of our mines and mining
A.-The outlook is entirely promising
Q.--What leads you to think so?
A.-Well, it is the GENERAL OUTPUTS OF
mining camps. The future is just a.
fright as ever before. Lead is higher
han for some time past. and we do not
hare the opinions of some, but think
hereis little, if any dange- of the tsritf
'eins taken offIesd. There is another
eature about the general outlook
or mining in the Territory and
hat is the various metals, such as cop
Ter, Lead aud tin, have advanced in
rice aud the chances are that silver
1ll rise, little, which, OF course, will
materially assist US The general IDEA
revails that there is very bright out.
Ook. With an advance III silver and
igher advance on lead. the pros
ho